Lionsgate Vice Chairman Michael Burns Signs New Long-Term Agreement Through October 2017

 Lionsgate Vice Chairman Michael Burns Signs New Long-Term Agreement Through
                                 October 2017

PR Newswire

SANTA MONICA, Calif., and VANCOUVER, British Columbia, Nov. 5, 2012

SANTA MONICA, Calif., and VANCOUVER, British Columbia, Nov.5, 2012
/PRNewswire/ --Lionsgate (NYSE: LGF) Vice Chairman Michael Burns has signed a
new long-term employment agreement extending through October 2017, the Company
announced today.

(Logo: http://photos.prnewswire.com/prnh/20110919/LA70620LOGO)

Since joining Lionsgate's Board of Directors in 1999 and becoming Vice
Chairman of the Company in March 2000, he has joined with Chief Executive
Officer Jon Feltheimer in building Lionsgate into a leading global
entertainment company.

Most recently, he helped orchestrate Lionsgate's January 2012 acquisition of
Summit Entertainment as well as a series of initiatives related to the
Company's capital structure, including arranging a new $800 million revolving
credit facility and paying down the $500 million Summit term loan more than
two years early.

"We're delighted that Michael will continue to help guide Lionsgate's growth
through 2017," said Feltheimer. "From serving as our public face on Wall
Street to reducing our cost of capital to helping spearhead our transition to
a digital world, Michael is the best partner I could ask for, and he works
tirelessly to create long-term shareholder value."

Under the stewardship of Messrs. Burns and Feltheimer, Lionsgate has grown
into a diversified global entertainment company through a combination of
organic growth and strategic acquisitions. Lionsgate's feature film slate is
expected to generate more than a billion dollars at the domestic box office
this year, led by the global blockbuster THE HUNGER GAMES, and its television
business encompasses 25 shows on 18 networks, including the multiple Emmy
Award-winning MAD MEN. The Company also owns a prestigious 15,000-title
library and has investments in nine branded channels around the world.

ABOUT LIONSGATE:
Lionsgate is a leading global entertainment company with a strong and
diversified presence in motion picture production and distribution, television
programming and syndication, home entertainment, family entertainment, digital
distribution, new channel platforms and international distribution and sales.
The Company has built a strong television presence in production of primetime
cable and broadcast network series, distribution and syndication of
programming and an array of channel assets. Lionsgate currently has 25 shows
on 18 networks spanning its primetime production, distribution and syndication
businesses, including the multiple Emmy Award-winning Mad Men, the critically
acclaimed series Weeds, Nurse Jackie and Boss, the new comedy Anger
Management, which has been picked up for another 90 episodes by FX, the
network series Nashville, the syndication successes Tyler Perry's House of
Payne, its spinoff Meet the Browns, For Better Or Worse, The Wendy Williams
Show, Are We There Yet? and the upcoming Orange Is The New Black, an original
series for Netflix.

Its feature film business has been fueled by such recent successes as the
blockbuster first installment of The Hunger Games franchise, which has already
grossed nearly $700 million at the worldwide box office, The Possession,
Sinister, The Expendables 2, Cabin in the Woods, Tyler Perry's Madea's Witness
Protection and Arbitrage. With the January 2012 acquisition of Summit
Entertainment, the Company has now added the blockbuster Twilight Saga, which
has grossed more than $2.5 billion at the worldwide box office, to its current
slate, giving the Company the two premier young adult franchises in the world.
Recent Summit hits include Red, Letters to Juliet, Knowing and the Academy
Award-winning Best Picture, The Hurt Locker.

Lionsgate's home entertainment business is an industry leader in box
office-to-DVD and box office-to-VOD revenue conversion rate. Lionsgate handles
a prestigious and prolific library of approximately 15,000 motion picture and
television titles that is an important source of recurring revenue and serves
as the foundation for the growth of the Company's core businesses.The
Lionsgate and Summit brands remain synonymous with original, daring, quality
entertainment in markets around the world.

For Lionsgate corporate inquiries, please contact:
Peter D. Wilkes
310.255.3726
pwilkes@lionsgate.com

Kinley L. Cross
310.255.5114
kcross@lionsgate.com

SOURCE Lionsgate

Website: http://www.lionsgate.com
 
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